The problem with trading and acquiring cryptocurrencies is well known and always presents itself as follows:
“Where can I purchase crypto currencies safely, quickly, and easily, and above all, at a reasonable price?”
The practice turns out then with their answer mostly difficult, because users rely on several crypto currency exchanges to open a trading account, if you do not want to be ripped off. 1irstcoin has addressed this problem and innovatively solved it by applying an algorithm that scans the order books of the major crypto currency exchanges in fractions of a second while technically being able to provide our users with the crypto currencies of their choice decentralized and under a minimum of cost. In particular, we emphasize that this is a decentralized application. This means that we neither have to keep accounts for our users, or that we need to keep or accept FIAT or crypto-currencies of third parties, or hold them for third parties for the purpose of carrying out commissioned transactions. The user can carry out a so-called “single transaction” without having to open an account, or we are forced to carry out a registration. Only the payment processor carries out a so-called KYC and AML examination procedure in compliance with money laundering regulations. In any case, the user of our applications retains his assets under his own control and in his own possession.
Especially legal entities, as well as individuals, have often difficulty to finding access in cryptocurrencies. The methodology of banks and their doubters add to the rest, and in our view the progress and spread of cryptocurrencies is unstoppable. The benefits of investing in cryptocurrencies are obvious as they are readily available, tradable and exchangeable, with no opening hours 365 days a year. With over 120 different crypto currencies on offer, 1irstcoin is one of […]